Sublime

In the late 1940s, Hertzstark had filed new patents and eventually found a backer in the Prince of Liechtenstein. The country, where Hertzstark resettled until his death in 1988, was looking to expand its economy and the Prince agreed to help set up a company to build and market the Curta, the Contina AG Mauren, with Hertzstark holding 30 percent o... See more

Indeed, that is the genius of the LVMH model that Arnault has created. It’s quite possible that being the C.E.O. of LVMH would be a less fun and desirable job than being the C.E.O. of Tiffany’s, or Tag Heuer or Dior, or one of the incredible French wineries that LVMH owns.

1/? the (abridged) story of Curt Herzstark, the brilliant Viennese engineer who invented an incredibly complex handheld mechanical calculator in the Buchenwald concentration camp

The acquisition of Tiffany & Co in 2021 was the largest contributor to LVMH’s growth over the historic period. This move allowed the company to rank third in jewellery and eighth in traditional and connected watches globally. The luxury jewellery brand brought USD6 billion of additional sales for LVMH in 2021 and turned Tiffany & Co into th... See more